Recent Updates — ALLE

Allegion plc reported third-quarter net earnings per share of $2.59, up 18.8% year-over-year, and revenues of $1,172.6 million, a 9.6% increase. The company raised its full-year 2026 adjusted EPS outlook to a range of $9.05 to $9.10 and increased revenue growth guidance to 9.5%-10.5%. Adjusted operating margin expanded to 24.7%, driven by volume leverage and price realization in the Americas non-residential business. The company also repurchased approximately 0.8 million shares for $120 million during the quarter.

Allegion plc is a leading global security products and solutions provider.

Allegion plc announced that Timothy P. Eckersley will retire as President, International and Senior Vice President effective December 31, 2026. The Board appointed Serge Zappone, currently Vice President and General Manager of Allegion APAC, to succeed him in the role effective January 1, 2027. This leadership transition involves a key executive departure and appointment within the global security products industry.

Allegion plc reported second quarter 2026 results with net revenues of $1,151.5 million, up 12.7% year-over-year, and net earnings per share of $2.15, up 16.2%. Adjusted EPS rose 17.6% to $2.40. The company raised its full-year 2026 reported revenue growth outlook to 7.5%-8.5% and organic growth to 3.5%-4.5%. Full-year adjusted EPS guidance was increased to a range of $8.85 to $9.00. During the quarter, the company repurchased 0.9 million shares for $120 million and paid quarterly dividends of $0.55 per share. The company operates in the security products and solutions industry, designing and manufacturing access solutions including locks and door hardware.

Allegion plc has released its first quarter 2026 financial results, providing the market with an update on its recent operational and financial performance. This announcement is a key event for investors as it contains the data necessary to evaluate the company's current growth trajectory and profitability.

Allegion plc has replenished its existing share repurchase program, authorizing the company to buy back up to $500 million of its ordinary shares. This move signals management's confidence in the company's valuation and provides a significant mechanism for returning capital to shareholders.